Our Friendly Cars Coalition
Green Cars & Ecofriendy Driving

Car insurance benefits for ecofriendly cars

With each year passing by, ecofriendly cars are becoming more and more popular with the public, making use of more and more advanced technologies, to the point that they are now able to perform at the level of traditional cars. There are many reasons for a person to choose these types of vehicles, the main one being that not only are they becoming all the rage in fashion circles, but they can actually save you a lot of money on gas, not to mention their gas emissions are much less dangerous for the atmosphere. There is more however to these cars than just their characteristics.

As you probably know, in most places around the world having a car also requires you to have insurance on it, and in order to encourage people to help save the environment there are many insurance agencies that are offering car insurance benefits for ecofriendly cars. These types of discounts have basically started around 2006, some of them even going as far as giving 15% off the total cost of the insurance policy. At the moment, 44 states have car insurance providers that offer this type of discount.

While it may not seem to be entirely reasonable to go about the business this way, these discounts have basically started happening ever since various statistics have indicated that insurance companies prefer people who drive these types of cars as they happen to be better-educated, wealthier and between the ages of 41 and 60. As a result of this marketing strategy, sales have gone up 40% between 2008 and 2009.

If you think about it then, buying an ecofriendly hybrid vehicle will end saving you tons of money. First of all, you will be making use of an alternative type of fuel (or perhaps a different energy source altogether) which means that you will have to spend much less money on traditional gas, if any at all. Now, add to that the fact that you will also be able to save as much as 15% on your insurance policy simply because of the choice you made when purchasing your vehicle, and you have pretty much every reason you need to buy an ecofriendly car, at least from a financial point of view.

Keep in mind however that while purchasing an ecofriendly vehicle and getting a 15% discount is a very advantageous and noble thing to do, do not let your love for the environment cloud your judgement. As it turns out, many people are actually paying more for their car insurance than they ever should by buying various policies left and right from third-party insurance salesmen, while it can be much cheaper, not to mention simpler, to just go for a fully comprehensive insurance policy that covers pretty much everything. To put it in other words, just because you are trying to do the good thing and save the environment, it doesn't mean you shouldn't take a good look around and try to find the best deal possible.